Summo considers copper powder business
Denver — Summo Minerals (SMA-T) has commissioned a new feasibility study to assess the economics of a copper powder business at the Lisbon Valley project in southeastern Utah.In September 2000, Summo…
News
Outokumpu buys Norzink smelter
Denver — Boliden (BOL-T) and Rio Tinto (RTP-N) have completed the US$180-million sale of the Norzink smelter and refinery complex to Finnish giant Outokumpu. The operation is in southwestern N…
De Beers drill-tests Navigator’s LDG Tiberon
The Canadian exploration arm of De Beers Consolidated Mines (DBRSY-Q) is preparing to drill-test several targets at the LDG (formerly Thor) project in the Lac de Gras area of the Northwest Territories…
The many-sided coin
Years ago, Ron Thorton and I found several good-looking, gold-quartz belts in the eastern end of Nova Scotia, near an old mine. We tried, for some time, to raise money to bulk-sample the belts, but to…
Gold companies to attend seminar
Placer Dome, Iamgold and Dynamic Precious Metals will participate in a gold seminar on April 26 at the National Club in Toronto.Another speaker will be Brian Christie, a senior mining analyst with Van…
The Northern Miner — North American Mining Index (April 23, 2001)
71.06 (+0.46)(Sept. 30/98 = 100)…
Cominco surges ahead on power sales
Taking advantage of the energy crisis gripping the southwestern U.S., Cominco (clt-t) has curtailed zinc production at its refinery in Trail, B.C., and freed up additional power to sell into the Ameri…
Spending steadied in 2000
The steady decrease in domestic exploration spending that has plagued the industry since 1997 began to slow in 2000, according to a study compiled by the Department of Natural Resources.Exploration sp…
Manhattan gains extension
The government of Peru has granted Manhattan Minerals (MAN-T) a one-year extension to an option agreement for the Tambo Grande concessions, which will allow for further optimization of the initial gol…
Producer and Dealer Prices (April 23, 2001)
Antimony: Mid-mkt US$1,290/t.Bismuth: Mid-mkt US$3.95/lb.Cadmium: Mid-mkt US$0.22/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$11.80-14.00/lb.Copper: Comex May US$0.7645/lb.Indium: In…
Dayton sees red in 2000
Vancouver — The latest casualty of historically low gold prices is Dayton Mining (DAY-T), which posted a loss of US$31.4 million (or US$1.17 per share) for 2000.”The company’s results were dominated …
Redcorp Ventures eyes Keno Hill project
Vancouver — Redcorp Ventures (RDV-T) has inked a $2.8-million deal to acquire the past-producing Keno Hill zinc-lead-silver property in the Yukon.The announcement was made after insolvent United Keno…